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May 8, 2024 · earnings

DMAC earnings: a negative outcome, -5.2%

On May 8, 2024, DiaMedica Therapeutics Inc. reached its earnings. The result was a negative outcome, and the stock moved -5.2% in the window around the event. It had already run +7.9% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$3.66
1d before
$3.47
Event day
$3.25
1d after
$3.19
5d after

Pre-catalyst setup

+7.9%
30-day run-up
9142%
30-day volatility
3.1×
volume spike